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Looks like it's fizzzling already, scalig. Man, these perps just don't run 'em like they used to.
Course, with more shares out than the national debt, guess it's unreasonable to expect anything more now.
Believe everything 'ya read, eh 'Sparky ?
Heaven help you.
Scams such as this put out statements such as that so un-suspecting tyros such as yourself will be the deer-in-the-headlights who gets turned into Reverse Split Roadkill.
The first one's the toughest to take. Oh, and one more thing. The louder they scream "No split!" the more certain you can be there's one coming.
All those late nights and long weekends going over every page of The Big Joe Goebbels Big Lie Playbook must be about to pay off.
Can't wait to see what knee-slapper The Boyz have come up with for this trot around the track.
Subpoenas are what it's going to take, Ben; lots and lots and lots of 'em.
Enough to rip the lid off this redolent cesspool once and for all until the stench is so unbearable it will be apparent to any and all, including the SEC, DoJ, and the state of Delaware.
Good luck.
The only way this gigantic sack of elephant plop will ever see a price of $.15 to $.25 is with a reverse split of at least 750 into 1.
Which is going to be sprung upon you, without warning or notice, at any time now.
Won't even be in OPEC's hands, or about which they can do anything. When a dwindling supply is sought by an ever-increasing demand, two things happen:
1. The price rises; and
2. Alternatives are sought.
This is what happened in the late 19th Century when petroleum supplanted whale oil.
Now it's petroleum's turn to get priced out of mainstream [ read: motor fuel ] use.
The market will take care of the price disparity. As the reality of Peak Oil - and therefor Peak Gasoline - becomes evident to anyone with a pulse the economics of using alfalfa or algae or whatever else become immediately compelling.
All it's going to take is $4 / gallon gasoline again, and the sudden realisation that $4 / gallon gasoline is here to stay this time. And that moment is fast approaching.
This Russian Mafia scam will never put a commercial flight in the air. They're going to use the "sizzle" of a plane supposedly being prepared for service to sell one last plate full of "steaks" to another flock of NewBOBs*
*NewBOBs = New Bunch Of Bagholders
It's becoming more and more obvious this was just some bad dream.
And that nothing is happening here, and nothing ever will.
Might be my friend I mentioned a couple of weeks ago. That sort of day-in, day-out steady accumulation of a certain size lot is their trademark style.
As Senator Dirksen so famously said once, "A billion dollars here, a billion dollars there; pretty soon, you're talking real money!"
Any amount of CMF "green" represents buying pressure Charlie, or what Chaikin measures and calls "Money Flow" which amounts to the same thing.
My indicators aren't showing the gradual decline and lower highs in "green" that CMF is showing. They're getting even stronger.
ROC is Rate Of Change and I was referring to my study, not the chart.
It only looks like "bleeding", 'charlie.
I think I've mentioned before I have a tick-by-tick database of every trade FASC has had since mid-1999. Yes. Every single trade. Yes, anyone can have their own copy of it. For a million dollars. Bank wire or cashier's cheque; no personal cheques, please.
But one of the algorithms I've written to analyse the data applies several statistical functions to measure the buying / selling pressure. It's an even further refinement of the OBV and CMF measurements that try to determine accumulation or distribution in a stock.
Since mid-May, the buying pressure has not only been steadily rising, but increasing its ROC despite the apparently stagnant price.
The CMF depicted in the chart here is showing it too, but not as dramatically as mine.
http://stockcharts.com/h-sc/ui?s=FASC&p=D&yr=0&mn=6&dy=0&id=p47685589114
Just a matter of time before some sharp-eyed Acquisitions Analyst of some major company wanting to position itself at the epicentre of biomass processing discovers FASC and it works up the decision chain at that company until the decision-maker(s) says/say "Pull the trigger."
The inevitable can be forestalled only so long.
Wow. After all those years of "research" I'll bet there's a stem-winding PhD thesis in there somewhere that will someday rank right up there with "Rise and Fall of the Roman Empire".
I've always said "The best entertainment is free entertainment". Nice to know we agree on something besides G-you-know-who. Love the deer-in-the-headlights look, too ! Very "sunny".
Heh, heh. I don't think that's the case. I think Silly Pseudo-Calvinist revealed themself and the real reason for their Dyspeptic Dilettante-ism recently:
They're one of the '96 IPO StuckHolders, and they've been stewing in their juices ever since. I know, I know... seems silly to harbour a grudge for 14 years, especially when the management responsible is no longer around. But I guess some axes can be ground, forever. Must be down to the axe handle by now.
There was some discussion last week surrounding the question:
"A buyout of FASC might be done by whom?"
And one of the possibilities might be SteelPlantech, itself.
In fact, it's more and more likely that a buyout of FASC might come - will come - from abroad. Like it or not, we are now a global economy. In fact, the great sci-fi writer and polymath Isaac Asimov spotted this inevitability all the way back in 1976 at a speech to the AAAS. In a Q&A session after the speech, the topic wandered onto economics and he made the prescient observation that "... the smallest unit of economic organisation that makes sense today is The Planet Earth". He was probably a smarter economist than most economists. As well as most everything else, ofcourse.
Thank you for the clarification.
So let me be sure I understand this clearly:
This "Mr. Frasko" has put $2 gigantic into Strat ?. Real live hard cold cash $2 million ? His own hard-earned real live hard cold cash $2 million ?
If so, then he's either:
A) nuts; or
B) has a Plan
Let's hope that it's "B".
And that the unfolding is imminent.
Being very familiar with that part of Minnesota and the two Dakotas, there's enough alfalfa on both sides of the borders to support a plant maybe every 20 miles .
It's going to be huge.
That was the scene back in the day. The angle I remember that might be applicable to today's situation was these deals were packaged and sold to small investors in the form of working interests not unlike the working interest in an oil or gas well.
So, they were popular with individual investors and small investor syndicates, such as investment clubs and small "K" partnerships.
I see possibilities.
@TR: do you remember the railcar leasing deals of the late 70's ?
I've not kept up on the tax aspects of equipment leasing as a business. Are there still any benefits for partnerships or LLC's put together for the purpose of equipment leasing ?
I think you can see where I'm going with this. Maybe "you've got people", if you know what I mean, and I'm sure you do.
There's a niche here for some capital-goods lessor to exploit, providing lease financing for the KDS. The KDS represents a capital asset to a prospective purchaser in the same way a 777 or 737 aircraft represents a capital asset to an airline, i.e. an asset that gets put directly to use producing revenue.
There are numerous companies making a handsome living doing nothing but leasing aircraft; surely there's a niche for some company that would specialise in leasing KDS's.
Microsoft will need a couple hundred just to process all the copies of Vista still sitting in the warehouse.
A certain someone at a certain agency in Minnesota was told how the cow ate the cabbage, in other words ? And that certain someone at that certain agency in Minnesota had the scales fall from their eyes and saw the light ?
Is that what you're saying ?
The gun-slinging mind-set of 2000 is long gone. Results are all that matter now.
Think it's hot there ? Come to Texas. Or, that place CrimNake shorts and their obsequious toadies and sycophant Sock-Puppets are headed.
Huh? "Not convinced of the dollars"? You have me mistaken for some dyspeptic dilettante. ( how insulting, I might add ... eyeroll .. in my best "Snagglepuss" impersonation )
I'm not only "... convinced of the dollars" but of tens of dollars.
Or was that a mistaken use of the question mark at the end of your sentence ?
I really have no idea what price at which they'd sell. I suppose it would be a number based on the NPV of all the JV revenue royalty streams, of which there will undoubtedly be dozens, maybe hundreds; based on the sales pipeline, how many thousands or tens of thousands of KDS there would be in the installed base at that point, with most if not all under some annual maintenance agreement [read: another recurring revenue stream]; how many more thousands or tens of thousands, ok, ok, you want apoplexy, hundreds of thousands of KDS's in the order backlog.
I'd say the selling price will be at least $10 billion dollars.
Did somebody just faint ? That sure was some scream !
Well, I find it quite interesting that AUTO has suddenly jumped on the bid and is deperately covering every share they can shake loose at $.0295 while at the same time our little silly pseudo-Calvinist and dyspeptic dilettante shows up after a several-week hiatus.
Coincidence ? Only to the naive, I would submit.
Best SWAG: "app" = "appraisal"
Have any of you ever watched a log jam or an ice jam break up on a river ?
I have; both kinds, in fact.
You can probably find a video of either or both on YouTube by now, I'm sure.
Anyway, when the breakup starts, it's barely perceptible. One log, or one floe at a time.... here and there.... at random, seemingly. And it's easy to conclude "This thing is never going to break up." because the progress of the process is so excruciatingly slow.
And then comes the "critical moment".
What's the "critical moment" ? It's when the "key" log or the "key" floe finally comes loose. Then the logs or the ice just suddenly seem to start breaking up and breaking apart as if by magic. And there's no stopping it after that.
The FASC "ice jam" is still in that "Is it ever going to break loose?" stage; but the "critical moment" is fast approaching.
FASC 2010 volume of greater than 3/4 million shares:
FASC 2YEAR K1 V 80 Trunc=80 Size=738 Line=31 Col=1 Alt=1
0 * * * Top of File * * *
13 Mon 19-Apr-2010 0.0300 0.0380 0.0300 0.0380 961700
14 Wed 07-Apr-2010 0.0330 0.0380 0.0330 0.0350 941100
17 Thu 18-Mar-2010 0.0360 0.0399 0.0310 0.0380 830900
21 Tue 06-Jul-2010 0.0300 0.0370 0.0290 0.0300 773666
22 Tue 29-Jun-2010 0.0320 0.0330 0.0300 0.0300 764234
23 Wed 21-Apr-2010 0.0340 0.0430 0.0340 0.0430 751773
An excellent example of two axioms at work:
1. Game Theory says that it is possible to win at any game as long as you can keep finding ways to stay in the game.
2. There is nothing as powerful as an idea whose time has come.
Those two axioms intersect...... right here.... right now.... with MNVap and FASC.
Twifford has got to communicate what's going on ! Even it's just to say "Still moving forward, progress is being made."
@Waitedg: Ask TD Ameritrade for their "606 Disclosure Rule" filing. It's a document a broker has to keep and has to provide to any customer who asks about how they route their order flow. It will show you the MM's with whom they deal, and in what percentage of business. Unfortunately, it won't show you any breakdown of individual stocks' routing, such as FASC.
And yes, in your case "AUTO" simply means "automatic routing" of the order, not the MM "AUTO".
Mr. Twifford !!!??? Give us an UPDATE on the web site! You're already paying for the web site ! It costs you NOTHING but your TIME to do so.
The 411 on "AUTO":
AUTO|M|Automated Trading Desk Financial Services, LLC|TRADE DESK TOLL FREE|866.283.2831|Y|Y|Y|N
AUTO|M|Automated Trading Desk Financial Services, LLC|TRADE DESK|843-789-2180|Y|Y|Y|N
"AUTO" is an ECN that trades almost exclusively for itself, using its own proprietary algorithms. It's backed, I think, by a couple of hot-money hedge funds.
I'm guessing its trading algorithm has caught scent of the fact that several other MM's have been parked on the bid for the last couple weeks, taking all comers in just about any size and it can scalp to its heart's content.
You can always tell when AUTO has had enough of the "game" in any particular stock when they suddenly start jumping other MM's on the bid.
There are several good articles about "AUTO" floating around; they're basically self-serving mercenaries.
Moved their credit facility to a new lender and got an increase, as well.
http://biz.yahoo.com/e/100805/tgc8-k.html
Note especially the move was at the Company's request, not that of the incumbent lender.
Just came out of nowhere about 45 minutes ago, as often happens with this stock. I just call it the "Somebody thinks they know something" look, and leave it at that.